11/09/2025
Thinking about buying a property in Spain? 🇪🇸
Here are the 3 main taxes & costs every buyer should know:
1️⃣ ITP (Transfer Tax) – applies when buying a resale property. Usually 7–10% of the purchase price (depends on the region).
2️⃣ IVA (VAT) – applies when buying a new build. Normally 10% + 1,5% stamp duty.
3️⃣ Notary, Registry & Legal Fees – around 1–2% of the purchase price.
✨ Practical tip: Always calculate an extra 10–12% on top of the property price to cover taxes and costs. That way, there are no surprises when you fall in love with your dream home.
📩 Want me to prepare a clear breakdown for your case? Send me a message – I’ll guide you step by step.